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N/I FAMILY OF MUTUAL FUNDS
OF
THE RBB FUND, INC.
Supplement dated October 9, 1997 to Prospectus
dated December 16, 1996
N/I MICRO CAP FUND
Shares of the n/i Micro Cap Fund are offered only to certain existing
shareholders of the Fund and certain other persons, who are generally subject to
cumulative, maximum purchase amounts, as follows:
. Each person who on September 12, 1997 held shares of this Fund
directly may invest up to an additional $25,000 in shares of this Fund
between September 15, 1997 and August 31, 1998, and an additional
$25,000 in each fiscal year ended August 31 thereafter, plus
distributions that are automatically reinvested.
. Employees of Numeric Investors L.P. and their spouses, parents and
children may invest in shares of these Funds without limit.
All purchase orders that are wholly or partially in excess of the maximum
purchase amounts will be returned. Other persons who are shareholders of other
n/i Funds are not permitted to acquire shares of this Fund by exchange.
N/I GROWTH FUND
Shares of the n/i Growth Fund are offered only to (i) persons who already
hold shares of this Fund directly or through accounts maintained by brokers by
arrangement with The RBB Fund, Inc., (ii) existing and future clients of
financial advisors and planners whose clients already hold shares of this Fund,
and (iii) employees of Numeric Investors L.P. and their spouses, parents and
children. Other persons who are shareholders of other n/i Funds are not
permitted to acquire shares of this Fund by exchange. Distributions to all
shareholders of the Fund will continue to be
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reinvested unless a shareholder elected otherwise.
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N/I GROWTH AND VALUE FUND
In the event that the net assets of the n/i Growth and Value Fund increase
to an amount that exceeds $200,000,000, the restrictions that apply to the sale
of shares of the n/i Growth Fund would also apply to the sale of shares of this
Fund.
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The adviser reserves the right to further restrict sales of shares of any
Fund.
